SME Times is powered by   
Search News
Just in:   • Dec gems, jewellery exports up 29% against pre-pandemic 2019  • Startups seek friendly policies, tax incentives  • Increase regulatory focus on cryptocurrency: Pre-Budget survey  • Shree Cement to decide on FY22 interim dividend on Feb 4 Board meet  • Cuba maintains stable rate of daily Covid-19 infections 
Last updated: 24 Sep, 2018  

Iran.9.Thmb.jpg Iran confirms S.Korea's halt of oil imports

Iran.9.jpg
   Top Stories
» Dec gems, jewellery exports up 29% against pre-pandemic 2019
» Startups seek friendly policies, tax incentives
» Relief to individuals expected to mitigate inflation, unemployment
» Enhancement in basic income tax exemption limit of Rs 2.5 lakh highly awaited
» 'Indian MSMEs have manufacturing cost advantage in global value chain'
IANS | 24 Sep, 2018
Iran's Ministry of Petroleum has confirmed that South Korea has halted oil imports from the Islamic republic.

"It it for three successive months that South Korea has not imported oil from Iran," public relations of the ministry said on Sunday, Xinhua news agency reported.

"South Korea was the first country to halt Iran's oil imports following the US sanction threats against the country," Kasra Nouri, the public relation manager of the ministry said.

Prior to the US sanctions threat, Seoul imported 180,000 barrels per day of Iran's crude oil, according to the report.

Despite global outcry, the White House re-imposed sanctions on Iran last month which had been lifted under the Iran nuclear deal.

The first batch of sanctions targeted Tehran's purchase of US banknotes, trade in gold and other precious metals, as well as the use of graphite, aluminium, steel, coal, and software used in industrial processes.

Another round of sanctions, to be reinstalled on November 5, will be on Iran's port, energy, shipping and shipbuilding sectors, petroleum-related transactions, and business deals by foreign financial institutions with the Central Bank of Iran.

US President Donald Trump pulled out the US from the 2015 international Iranian nuclear deal in May.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 24 Jan, 2022
  Daily Poll
COVID-19 has directly affected your business
 Yes
 No
 Can't say
  Commented Stories
» Anchor to roll out electrical devices at Haridwar(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter